We're currently working with a regional bank as they look to add a Financial Crimes Compliance Modeling Analyst. A successful candidate will contribute to the enhancement and upkeep of Financial Crimes Compliance analytics and technological infrastructure. These analysts aid in the refinement of processes and technological advancements to streamline various workflows. Their responsibilities include implementing and sustaining optimizations of monitoring tools within Financial Crimes Compliance while expanding capabilities in data visualization.
These analysts leverage their adept technical skills in banking systems and database technologies to effectively liaise with Information Technology and Operations teams, as well as other internal stakeholders. They play a pivotal role in facilitating understanding among these teams regarding essential model and infrastructure needs, offering solutions as necessary.
Responsibilities:
Offer analytical and technical assistance for the deployment of systems within Financial Crimes Compliance monitoring tools. Collaborate closely with Financial Crimes Compliance Modeling Analysts to comprehend their workflow and integrate their feedback to enhance the quality of Financial Crimes Compliance Data Analytics deliverables.
Utilize technology to facilitate advanced analytical techniques and data visualization methods, enhancing risk detection capabilities and operational efficiencies. Aid in the tuning and optimization of BSA and fraud detection models, transaction monitoring systems, Customer Due Diligence scoring algorithms, and Sanctions monitoring systems. Support Financial Crimes Compliance management in establishing an effective model governance program for Financial Crimes Compliance, aligning with Model Risk Management guidelines and regulatory standards.
Contribute to the development and deployment of new reporting features and transaction monitoring channels for Financial Crimes Compliance analytics purposes. Generate professional-grade program and reporting documentation to support Anti-Money Laundering Transaction Monitoring and associated reporting requirements. Deliver timely responses to ad-hoc data requests from Financial Crimes Compliance and other internal departments.
Assist in the design and oversight of Financial Crimes Compliance monitoring systems (transaction monitoring, Customer Risk Rating, Sanctions) to ensure the implementation of robust controls. Act as a liaison between Information Technology, Risk Management, and Operations to mitigate compliance risk and ensure audit compliance.
Proactively identify opportunities for enhancing risk coverage and offer technical solutions autonomously, including data extraction, manipulation, and automated dashboarding, to furnish leadership with actionable insights.
Qualifications:
Bachelor's degree from an accredited college or university, or equivalent practical experience in Fraud, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), or related fields within financial services data analysis and systems technologies.
Preferred minimum of 2 years of hands-on experience in developing, implementing, and validating systems/controls within Transaction Monitoring programs.
Preferred experience in Model Validation within Financial Institutions.
Intermediate understanding of general banking principles, encompassing knowledge of bank products, services, regulations, policies, and procedures, with a specialized focus on Fraud. Senior Analysts demonstrate an advanced level of expertise in this domain.
Proven proficiency and demonstrated use of SQL and/or SAS within a professional setting.
Professional experience utilizing Power BI and/or Tableau for data visualization.
Hands-on experience in testing and validating SQL and/or SAS code and resultant datasets.
Previous work experience in a regulated environment is desirable.
Ability to exhibit intermediate proficiency in SQL and/or SAS for data extraction and manipulation.
Strong interpersonal skills, with both oral and written communication abilities, including drafting technical documents tailored to diverse audiences.
For more information on this role, or if you're looking for your next opportunity and/or looking to hire please reach out:
Jack Walsh | Associate Consultant | j.walsh@HamlynWilliams.com | 646-349-3225